GraniteShares 2x Long BABA Daily ETF (NASDAQ:BABX) Short Interest Update

GraniteShares 2x Long BABA Daily ETF (NASDAQ:BABX) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 125,800 shares, an increase of 28.1% from the November 15th total of 98,200 shares. Based on an average trading volume of 288,500 shares, the short-interest ratio is currently 0.4 days.

GraniteShares 2x Long BABA Daily ETF Trading Down 3.4 %

BABX stock traded down $0.61 during trading on Friday, hitting $17.37. 312,946 shares of the company traded hands, compared to its average volume of 175,993. The company has a 50-day moving average of $21.17 and a 200-day moving average of $18.09. GraniteShares 2x Long BABA Daily ETF has a 1 year low of $11.85 and a 1 year high of $32.72.

About GraniteShares 2x Long BABA Daily ETF

The GraniteShares 1.75x Long BABA Daily ETF (BABX) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 1.75x leveraged exposure, less fees and expenses, to the daily price movement for shares of Alibaba Group Holding Limited stock. BABX was launched on Dec 13, 2022 and is managed by GraniteShares.